Hungary Caves to EU 'Blackmail,' Drops Opposition to $54B Ukraine AidChris Menahan
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Hungary caved on Wednesday and allowed $54 billion in EU funds to go to Ukraine after Brussels issued terroristic threats to "sabotage" Hungary's economy and destroy their currency if they block the aid.
Hungarian Prime Minister Viktor Orban said Tuesday that he would not give into Brussels' "blackmail" only to cave into the blackmail one day later.
Frankly, his caving is understandable considering the severity of the EU's threats.
Orban tried to spin it as a win and to be fair, it sounds like he extracted some modest concessions.
From NPR, "European Union approves $54 billion aid for Ukraine as Hungary drops opposition":
The European Union has reached a deal to include 50 billion euros ($54 billion) in funding for Ukraine in its budget for the next three years. The agreement came surprisingly quickly after Hungary, long opposed, reversed its stance."Asked what Orban was offered in exchange for lifting his veto, French President Emmanuel Macron said Hungary 'didn't receive a gift. It simply got the guarantee that the approach toward it will not be discriminatory,' " the AP reported.
[Header image by Alan Santos/PR/Palácio do Planalto, CC BY 2.0 DEED.]
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